Description
489,090,000 new equity shares of Sylph Technologies Ltd listed and permitted to trade with effect from July 29, 2025.
Summary
Sylph Technologies Ltd (Scrip Code: 511447) has listed 489,090,000 new equity shares of Re. 1/- each issued at par on rights basis. These shares are permitted to trade on BSE with effect from Tuesday, July 29, 2025.
Key Points
- 489,090,000 new equity shares of Re. 1/- each
- Issued at par value on rights basis
- ISIN: INE706F01021
- Distinctive Numbers: 358666001 to 847756000
- Date of Allotment: July 18, 2025
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
Trading members are informed about the new securities listing and trading permissions.
Important Dates
- Allotment Date: July 18, 2025
- Trading Commencement: July 29, 2025
Impact Assessment
The rights issue significantly increases the share capital of Sylph Technologies Ltd. The new shares having pari-passu rights means they carry equal voting and dividend rights as existing shares, which may impact existing shareholders’ proportional ownership unless they participated in the rights issue.
Impact Justification
Significant rights issue of 489 million shares but limited to single company impact